Three models for economic recovery
No one really knows how or when the COVID-19 pandemic will end or how the economy will eventually rebound. However, key tactics to successfully weather the current pandemic storm are to be prepared for a variety of scenarios and spend available capital wisely to ensure your business can be sustained
through the crisis. While there are still a lot of unknowns as to how the situation will play out, the Streetsense Pandemic ReLaunch Toolkit has some historical data to help guide you, including what to consider communicating messaging to your customers, operating adjustments and managing capital.
Download the Pandemic Relaunch Toolkit
While it is designed for restaurants and bars, other businesses can gain some valuable insight and tools
• Prepare a capital plan for a relaunch
• Implement changes to poise the business for recovery
• Protect cash flow and seek additional capital
• Modify how you engage with guests and patrons
While this is likely your first experience with a pandemic, the toolkit looks back at the economic impact of previous pandemics such as SARS, MERS, bird flu, and Spanish flu to see the arc of the economy coming out of these crises and 3 various economic models recovery will fall into.